Understated Surplus And Accelerated CPI Not To Change Chinese Monetary Stance

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China's latest trade report showed that the country's trade surplus narrowed to US$ 15.2B from US$ 28.5B a month ago. From a year ago, exports contracted -0.3% to US$ 186B while imports rose +7.4% to US$ 170.4B. The unexpected decline in exports was driven by seasonal factors: the fake data



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